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20121201
20121231
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CNBC 7
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Search Results 0 to 6 of about 7
CNBC
Dec 13, 2012 6:00am EST
for hurricane sandy. the sold-out show lasted nearly six hours and was said to have reached an audience of two billion, with a b, people around the world. it was broadcast over tv, radio, internet, quite a night if you were lucky enough to have a ticket. i was actually at another charity dinner where they auctioned off tickets to this event with a car waiting outside and some very generous person spend $19,000 and bought the tickets. >> not that much. >> 19 you think is not? >> i thought there were tickets earlier that were going for more than that, also. >> it was an extraordinary concert for an extraordinary situation. and -- >> it will be interesting to see how much money -- >> we'll probably find out soon enough how much money was raised. >> 12-12-12. and we're all still here. >> someone told me at 12:-12-12 and at 12:12, i called penelope. i wanted to be on the phone for that moment. i thought it was very row mant ek. you didn't do that. >> i didn't. >> it's really not 100 years. it's 88 years. was she laughing about that? >> she was. >> she's a big viewer. so she knew 100 years, you coul
CNBC
Dec 11, 2012 6:00am EST
is still being stunted by the election results, and the effects of superstorm sandy. joining us with the latest on that, bill dunkleberg, chief economist at the national federation of independent business. bill, in reading your findings, am i wrong to say you found that it really wasn't sandy, that it was the election results, and if that's true, how do we give -- can we give the president the benefit of the doubt in that maybe it just, the election results means that the cliff is front and center? the cliff would not have been front and center with romney because he would have probably just extended all the bush tax cuts, i think. so is it the election result that's causing this? and is it the president himself? or the gridlock that it's causing with republicans? >> i think you basically have it right. we spent billions of dollars and then woke up the day after the election and nothing had changed and i think that's the issue. because the management team couldn't reach agreement on how to deal with the problem that was coming up, so we were stuck with the same kind of managemen
CNBC
Dec 26, 2012 6:00am EST
sales to grow 3% to 4%. among the reasons cited for the weaker numbers, superstorm sandy and consumer nervousness about tax hikes due to the fiscal cliff. we've had lots of conversation about whether not fiscal cliff would impact consumer sentiment. and apparently now it's actually hitting people in the wallet. let's talk about what's on the economic agenda today. one very important report to watch, standard and poor's releasing the case schiller index on october home sales at 9:00 eastern. it's a busy week for housing data. tomorrow we're going to be getting the commerce department which releases new home sales for november. then on friday, the national association of realtors, not realtors -- >> yeah. >> releases its spending. its pending home sales index for november. >> in other housing news, the obama administration is considering expanding its mortgage refinancing program to include borrowers whose mortgages are not backed by the government and who owe more than their homes are worth. "the journal" reports one proposal being considered would also transfer potentially riskier loa
CNBC
Dec 10, 2012 6:00am EST
of that is sandy. you can't disentangle it. i'm sure it would have been better if it weren't for the uncertainty. we saw how bad it was in the summer of '11 and it will be the same now. >> i very much agree with ian on this point, that the uncertainty is associated with the fiscal cliff is at least a percentage point on the fourth quarter. and could be more than that. it's just a lurking weight on the business sector. and if we are going to get this growth, i think we've got to have a little bit more certainty on taxes, on regulation, and the trajectory of fiscal policy going forward. >> what i hear you both saying, though, and you're talking about spending issue, and not worrying so much about that, but i also hear you saying it would be a big mistake to raise taxes. >> absolutely. yeah. >> but the top 2%, is that the least deleterious people to raise it on? >> yeah, it would be. but right now i'd prefer not to raise taxes on anybody. but if you're going to do it, then the people at the lowest propensity to consume -- >> you don't buy that small businesses fall under that? >> no, most small bus
CNBC
Dec 14, 2012 6:00am EST
the fed is a little less interested in. and the labor department also saying that superstorm sandy -- >> impact of that. >> on data collection for the month of november. >> interesting. >> one thing we have seen in the wake of the hurricane is a rise in prices. but apparently not happening this time around. . >> mr. liesman, thank you. mr. santelli, thank you. >> thank you. >> all right. our next guest is a member of the fix the debt campaign and while he's trying to get washington to avoid the fiscal cliff, he's also running aerospace giant boeing and joining us now from chicago is jim mcnerney, boeing chairman and ceo. mr. mcnerney. great to see you. earlier we said we do want you to fix the fiscal cliff, obviously, if you have time. but we also want you to make great airplanes and make sure you've got those totally perfect before you really start. you know, we can't put everything on you at this point. >> are you asking about the 787, joe? >> no. just in general, we want the safest planes, but you know what? i do have to ask you about that eventually with the generator and the q
CNBC
Dec 24, 2012 6:00am EST
, the hurricane sandy, the track dpi in connecticut, people had a lot on their minds this season. this weekend was a key weekend. i think it helped. i didn't see promotions being extra promotional. but it's a push till the end. >> okay, so winners and losers? >> i think some of the winners, i think you're going to see companies like tjx, macy's. i think american eagle outfitters, even gap had a very good season, along with michael kors. >> losers? >> i think you had a tough time at jcpenney. i think the traffic was tough there all the time. i think kohl's had to be extra promotional in order to be able to drive the sales. and the whole children's sector was very promotional. from gymboree to children's place. >> so, dana, jason trennert from strat eegous. how are you doing? >> good, how are you, jason? >> good. normally retail stocks outperform in january, because i think that phenomenon that andrew was talking about is that there's a general sense that christmas gifts canceled at a certain point and then it comes back at the end and then you wind up having a big january and the stocks tend to
CNBC
Dec 27, 2012 6:00am EST
being up. all of a sudden then, we had the impacts of sandy, a tragedy up in newtown, connecticut, and just a lot of other factors that just put a damper on the season. >> so, it is fair to say that it started better than it ended now. >> it started better than it ended. there was a lot of excitement around black friday. i mean it was almost like the super bowl. they have all this advertising, drag people out, it's the biggest event of the year come shopping, and then week after that we had the pro bowl. there was no excitement. there was no reason to come out shopping. so big bang, but it kind of waned as we went into the season. >> how much of the season is in the books now? i mean, what's still left to happen? >> there's a couple of big days still coming. i think this weekend is a big weekend as people redeem gift cards, go into the stores, exchange items for what they're looking for. hopefully get that add-on sale and people start to take advantage of the clearance sale, i would say, though, 95% of it is in the books. we've probably got some strong days ahead of us, though, th
Search Results 0 to 6 of about 7